Dish CEO Collecting Wireless Spectrum Frequencies, Starting 5G Network

Episode 1613 (01:49)

Dish Network

The founder of DISH Network, Charlie Ergen, has been quietly buying up wireless frequencies auctioned by the FCC and will start a fourth major cellular company behind AT&T, Verizon, and T-Mobile/Sprint. Leo says thatĀ Ergen has been waiting for 5G to establish his network and is planning to spend more than $10 billion. Ergen says that what took other networks over ten years to establish, he can do in three.